220 W 5TH STREET, WESLACO, TX 78596
Homes for sale in Weslaco.
Homes for sale in 78596.
List Price$245,000
220 W 5th Street
Weslaco, TX 78596
Listing #464221
3,318
Square Feet
6
Number of Units
Multi-Unit Residential
Type
About This Property
6-unit income-producing property in the heart of Weslaco offered at a compelling price point. This is a short sale and is subject to lender approval, providing a unique opportunity for buyers familiar with the process. The property features six separate electric meters and one water meter, with current income in place and consistent occupancy. The asset consists of three buildings with a mix of unit types, offering flexibility for rental strategies. Units have undergone ongoing maintenance and updates, providing functionality for today's renters along with additional upside potential through continued improvements. Centrally located in a downtown area, the property offers convenient access to schools, shopping, and major roadways, making it attractive for tenants. Pricing reflects the short sale process and presents an opportunity for investors seeking long-term potential. Showings are by appointment only due to occupancy.
Property Features
Location Information
County
Hidalgo
Directions
From Expressway 83 head south on Texas Blvd Blvd. Head West on 5th st. Property will be on the North side, just passing Missouri Ave
Subdivision
Weslaco Original Townsite
Interior Features
Interior
Ceiling Fan(s)
Appliances
Electric Water Heater, Tankless Water Heater, Refrigerator, Stove/Range
Heating
Central
Total Number of Units
6
Cooling
Central Air, Window Unit(s)
Features
Curbs, Sidewalks, Street Lights
Floors
Tile
Windows/Doors Description
Energy Features (Double Pane Windows)
Laundry
None
Exterior Features
Construction
Frame/Wood, Siding
Garage Spaces
0
Exterior
Mature Trees
Parking Spaces
0
Foundation
Pillar/Post/Pier, Slab
Fencing
None
Roof
Composition Shingle
Lot Description
Corner Lot, Curb & Gutters, Mature Trees, Sidewalks
Possession
Closing and Funding
Lot Size in Acres
0.144
Septic or Sewer
City Sewer
Lot Size in Sq. Ft.
6,249
Water
Public
Buildings
Outbuilding (None), Storag
Utilities
Cable Available
Energy Features
Attic Fans, Thermostat
Security Features
Smoke Detector(s)
Road Description
Paved
Parking Description
No Carport, No Garage
School
Elementary School District
Weslaco ISD
Middle School
Central
Elementary School
Airport Dr.
High School
Weslaco H.S.
Additional Information
Property Type
RI
Units in Complex
3
Property SubType
Multi Family
Taxes
4934
Year Built
1948
Tax Year
2025
APN
W230000035001300
Square Feet Source
HidalgoCAD
Status
Option
Similar Listings
Mortgage Calculator
$1,143
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$882
Monthly Tax
$204
Monthly Insurance
$57
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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